Tenant Fee Information

Fee information
Summary of fees charged for lettings

For all tenancies exchanged prior to 1st June 2019 these fees will remain in place until 1st June 2020. Please refer to the application form signed prior to 1st June 2019 for the detail of these fees. All tenancies exchanged from 1st June 2019 will be in line with tenant fee ban legislation and the charges detailed below.

Display Information

Schedule of Permitted Payments
all charges are exclusive vat as we are not vat registered at present, however if we are to become vat registered then the vat will apply.

During the Tenancy

If you lose a key during your tenancy
£50.00 x by keys lost i.e 1 x 1 or 1 x 2 front and back door or total qty.

If you lose a key during your tenancy
forcing the lock or cylinder to be replaced £150.00

If you lose a security device such as a
Programmable Door entry fob £75.00

If you lose a security device such as a
Programmable Gate Entry remote £80.00

If you leave the property without
returning the keys to us minimum £120.00 or it may increase locksmith may be required as above.

If you leave the property without
returning the mailbox key to us £50.00

Rent Collection information

To pay the monthly Rent as specified
within the Assured Short Hold Tenancy Agreement.

To pay interest at 3% over the base rate
of the Bank of England (which we work out each day) on any rent you owe which
is more than 14 days late. If the landlord charges this interest, you will pay
interest from the date you should have paid the rent until the date you
actually pay.

Deposit or Zero Deposit Guarantee

A refundable tenancy deposit capped at no
more than Five Weeks’ rent where annual rent is less than £50,000; or Six
Weeks’ Rent where total annual rent is £50,000 or above.

A refundable holding deposit (to reserve a
property) capped at no more than one week’s rent.

Option to apply for a Deposit Replacement
Product whereby the equivalent of One Week’s rent would be payable to allow the
issuance of a policy.

Tenancy Variation – Within Tenure

Requests to agree to changes in the
tenancy (e.g. Adding or removing a tenant to or from the agreement, or
addendums) £50.00 per single tenancy and £100.00 per joint tenancy.

Requests to terminate this agreement prior
to expiry of the Assured Short hold Tenancy £395.00 and settlement of
full Rent payable for remaining length of Assured Short Hold Tenancy contract.

Details of Redress Scheme

The
Property Ombudsman: Milford House, 43-55 Milford Street, Salisbury, Wiltshire, SP1 2BP

Your Choice Estate Agents is a member of the redress scheme for Residential Sales and
Lettings.

Membership
No: DO4812